3333 S State Road 67ParagonIN46166
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Paragon at 3333 S State Road 67, Paragon, IN, 46166 offers a 10.38% rental yield on a $150,000 purchase with $1,298/mo rent. Total monthly income registers $1,298/mo, and a $734/mo payment leaves $398/mo available for distribution. Annual cash flow reaches $4,773/yr on $49,725 to close, and return on cash invested stands at 29.51% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 154.05% and total cumulative return in cash at $76,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,298/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 751 (76.9%) |
| Renter Occupied HU | 158 (16.2%) |
| Vacant Housing Units | 67 ( 6.9%) |
| Median Home Value | $222,679 |
| Average Home Value | $236,441 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
703
Multi-Family
0
Businesses
35
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